Tag Archives: Suresh Prabhu

1st Global Aviation Summit to be held in Mumbai from January 15-16, 2019

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In its endeavour to recognise the fast growth of the aviation sector, the Ministry of Civil Aviation and the Airports Authority of India in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), has announced the Global Aviation Summit, with an overarching theme of ‘Flying for all – especially for the next 6 billion’. Supported by ICAO, IATA, ACI and CANSO, the Summit will be held on January 15 and 16, 2019 at The Grand Hyatt in Mumbai. It aims to focus on the celebration of ‘Flying for All’ and to provide a platform to the aviation fraternity to highlight the challenges of the sector in the newly-developing growth spots. The Summit provides a platform to the stakeholders to brainstorm over the future of the aviation industry and identify the growth areas. Speaking at the announcement of the Global Aviation Summit, Suresh Prabhu, Minister of Civil Aviation and Commerce & Industry said, “The reason behind hosting the Global Aviation Summit here is because India is one of the fastest-growing aviation markets in the world. This Summit will provide a platform to the global aviation fraternity to display the challenges of the sector in the newly-developing growth spots and understand how technology-driven innovation will shape the air travel industry in India.” More than 1,000 delegates, 80 plus speakers, 50 plus CEOs of airports and airlines, 30 plus exhibitors, transport ministers from 35 countries and 35 regulators (DGCAs/Civil aviation authorities from different countries) from the global aviation fraternity are going to participate.

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56 new airports to be functional in the next few years: Suresh Prabhu

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Around 56 new airports will become functional in the next few years, Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu said at the two-day Global Logistics Summit recently held in New Delhi. The minister further said that by bringing all the stakeholders together, it will create the right platform to improve logistics and connectivity which are vital for increasing intra-state and international trade flows. Indian logistics industry is estimated at around US $ 215 billion in 2019-20, growing at over 10 per cent annually. In the last decade or so, significant improvements in railways, roads, highways, inland waterways, aviation, ports and coastal shipping have taken place. To support awareness building and develop better understanding on these issues, the Department of Commerce, Ministry of Commerce & Industry, in partnership with FICCI and the World Bank Group, organised the Summit to discuss relevant issues among global experts, academics, government officials, private sector and industry representatives.

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